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of an instinct on obama's part to press forward in a second term by reaching out more. >> all right. very good. >> jon meacham. >> have you sent one to the president yet? >> i have not. i should do that. >> you need to do that, jon. you need to sign it and send it to the president. he's a big reader. >> as ever, you're ahead of me. so i'll do that. thank you. >> all right, jon meacham, the new book, "thomas jefferson: the art of power." >>> when we come back, vice chair of the senate intelligence committee, senator saxby chambliss, also "bloomberg's" josh green on the three factors he says will decide the fiscal cliff. and david gregory joins the set as well. there's david. >> all right. >> keep it right here on "morning joe." anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that streng
right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is that any more or less damaging to the economy? >> it's always bad to raise taxes. the economy common-sense is to kee
obama on the podium. he was aggressive, particularly on the issue of susan rice. >> you're right. this is not the kind of emotion that we have grown to see from the president. he tends to hold back a bit, not be as emotional. this was an area where the president came out very strong, saying that these attacks from republicans have simply been unfair. he called them outrageous. he said if they want to point fenger at anyone, attack anyone, they should dop it the ahim. take a listen. >> but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence she had received and besmirch her reputation is outrageous. and, you know, we're after an election now. >> the president also had some very strong words when it came to those bush era tax cuts saying that he will not extend them for the wealthiest of americans. he wants a comprehensive plan so that middle class americans won't be impacted over the long haul and the president believing and saying that even other economists agree as well that wealthy americans can
president obama won reelection . he holds the edge in the discussion right now . speaker of the house john boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from
of the problem. for him suggesting how we fix our fiscal problems is not going to resinate with obama at this point. >> no, but he tries to look like he's rising above. >> but lloyd is right, he's a smart guy, knows how to run a business, knows what the private sector and growth could help all of our fiscal problems and he's right about this. but i don't know how far he gets with it because he's lloyd blankfein of goldman sachs. but becky's got it here. you're rising above. obama seeking $1.6 trillion, you say that's his opening bid. >> because this is double when talks had broken off. $800 million in tax -- the revenue increases. we want $4 trillion -- >> so it was $3.2 trillion to $800 billion, that was 4 to 1. his opening bid is 1 1/2 to 1. >> the final negotiation should get somewhere between $1 trillion to 1.2 trillion in tax increases, revenue increases. >> $2.8 trillion in spending cuts. >> all right. if you -- if you -- >> you can't look at me anymore. >> i can't look at you. because i'm wondering it's on his right year, what does that mean -- i don't know. i could never keep
are expecting to hear from president obama on these growing scandals later today. nbc news will have live coverage of the president's news conference from the east room of the white house beginning at 10:30 pacific time. right here on this nfc station. >>> well, now for your look at the weather, here's nbc bill karins. good morning to you, bill. >> nothing so complex in my life. >> good. >> my weather life. >> oh. wow. >> and the other life, too. >> hey. >> let's include the whole universe in that. good morning, everyone. we are watching a nice quiet world in the weather world. temperatures remain cool if not seasonable for this time of year. some of the ski areas are beginning to open up just in time for the thanksgiving holiday too. up in tahoe they got enough snow that they'll hopefully open up some of the resorts there. in the cascades, not too many big blockbuster snow events. they should be able to make some snow too. temperatures in the 30s and 40s this morning. there's really no big storms coming at least in the short term. there's moisture streaming through southern idaho. with t
they knew and they could trust had the right priority from president obama to historic numbers of democratic women. and out of the problems we asked, and we asked them about everything, i'm sure they were thrilled to to do one more poll after the leather. the candidates they voted against, they were really concerned that those candidates were going to take us back to the failed poll sthoifs past. like, they got it. they don't want to roll the clocks back. they want to move forward. and more than being wrong on any specific issue of debt or health care or social issues or taxes, women recognize the total madmen g.o.p. agenda is what they did not want and they reacted that way. i say this growth will be sustainable in the years to come. and we have the right agenda and need to keep building and talking to our women, our fellow sisters across the country and the men who stand with us. because they know that together we can make a great, great difference. and with that, i think about just some of the incredible women who have done so much and we do have a couple of special guests here today and
the president. i think this whole thing leads right to the white house. write to the oval office. president obama has made some statements already there are so contradictory there is no way he can explain the contradiction of his comments. you talk about a transparent administration -- yes, there are transparent. you can see right through them. there are as corrupt as any i have seen. i think this will lead to impeachment. i think he will be convicted of it as well. host: here is what bill says on twitter. charlie on the independent line. caller: i am not happy with senator mccain. he lost the election. he is still trying to get even for their loss of the election. he is a great supporter of our country attacking iran. how many soldiers and how many people will get killed because of the disaster that would be if we got involved in iran. he should be one of the people doing the news on fox because that is all the talk about all the time. they are constantly attacking the president. he was reelected and he is the president. he did not attack anybody in benghazi. every day if you turn on fox n
they feel a lite bit in control. >>> right now, president obama is on his way to get a firsthand look at sandy's destruction in new york city. he'll also meet with families still trying to recover. yesterday, the president talked about the superstorm and he also talked about climate change. . >> have been an extraordinarily large number of severe weather events here in north america, but also around the globe. and i am a firm believer that climate change is real that it is impacted by human behavior, and carbon emissions. and as a consequence, i think we've got an obligation to future generations to do something about it. >> he says he's going to sit down with a burge of experts and try to come up with ways to protect our planet. victor blackwell is in staten island, victor, good morning. i don't suppose people who have like damaged homes from superstorm sandy are thinking much about climate change at the moment though. >> no. maybe that conversation will come, carol, but not today. they're talking about the people who have died in this community. they're talking about this, their bus
happens. thank you. >> all right. >>> president obama got a firsthand look today at parts of new york that were hardest hit by superstorm sandy. thousands of new yorkers, yes, thousands of new yorkers still don't have power two and a half weeks after sandy hit. the storm is raising serious questions about the government's response, even bigger questions about weather patterns, at least for some. let's bring in our white house correspondent brianna keilar -- actually, brianna is not yet available i'm told. but we do expect to get her up soon. we'll speak to brianna keilar momentarily. we'll also have a quick check of some of the day's other top stories. that's coming up including mitt romney, did he hurt himself with gaffes during his presidential campaign? is he hurting the republican party right now with his latest comments, the louisiana governor, bobby jindal, he's standing by to join us live. (splashing)... (child screaming underwater)... (underwater noises). >>> we've reconnected with brianna keilar, our white house correspondent, brianna keilar, is watching what's going on in ne
critical. they believe the obama administration should have known right away. this is not a spontaneous attack, not part of the protest, for example. they want to understand who knew what when. what does the president know about the attack? what is his national security team now? now they want to know who knew about the securities and the lead up to the attack because there were people in tripoli and libya saying that there wasn't enough security concerns because of the things going on in libya. >> mccain, graham and india yesterday made remarks about u.n. ambassador susan rice. what did they say in what is it mean in context context of the benghazi attacks? >> well, basically what they said is they don't trust her. they said she should have known better that you say five days after the attack but it looks to be a spontaneous response to anti-muslim video. they said she should have known that it is clear, that there is organized element that looks like a terrorist attack in the she served as fondness for obama's political gain to defend the white house. of course that's not what the whi
, chairman of the board of rights force energy was planning to send to william daley who was then chief of staff to president obama at the white house, quote, and this is from the e-mail, e-mail or call when you can with suggestions. the e-mail stated, quote, the white house needs to focus on finalizing the loan guarantee for what would be the largest solar thermal project in the world. bright source energy's project was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for loan closure by march 18th. at house energy and commerce subcommittee meeting last may, chairman jim jordan said to woolard, quote, you are asking the guy who is a judge of making the final decision to proofread and e-mail your chairman was going to send to the white house chief of staff and you say there is no political involvement? in another coincidence or not, the loan received final approval in may of 2011 a month after they reviewed the proofreading request which he reviewed as the e-mails can be seen from his personal account, h
. and meanwhile, president obama is in myanmar, formerly known as burma and stated israel's absolute right to defend itself. coming up in the next hour, lt. colonel ralph peters, we'll ask him about the iron dome missile defense and possibly the most important weapon in modern warfare. a great american brand, hostess killed by unions, thousands of workers out of a job. how could the unions defend this? after this, someene who will attempt to do just that and we'll have the opening belfol f you on monday morning. that's next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to mp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> coming up up to the opening bell. so far the shopping, expecting an 80, 90%, bounce, and despite more credit card debt, that could be a positive, and started to open the wallets and borrow and spend money and nice sounding noises out of the fiscal cliff nego
unemployment claims. on thursday dow down 28, nasdaq down 9. >>> president obama is meeting with congressional leaders today to discuss the so-called "fiscal cliff." the president is also meeting with 13 heads of civil rights groups to discuss his negotiations with congress to avert automatic tax increases and spending cuts that are set to go into effect on january 1. obama wants tax increases on the wealthy but many republicans say they will not accept higher tax rates. >>> and the red ink gets deeper for the financially troubled u.s. postal service. the agency reported a record loss of almost $16 billion for the fiscal year that ended on september 30. the postal service is not taxpayer-funded. it blames much of the problems on congress for forcing it to pay a fund for future retiree health benefits. you know, $16 billion, that's a big loss for them. we know they have been struggling but not getting any better. >> not at all. >> doesn't sound like it. ashley, i have to tell you that frank bought himself an early christmas present. just got it in the mail yesterday? >> i got it yesterday. it's
without any political weighing in on any side. >> all right. more to come on this. thank you both very much. >> thank you. >>> up next, more on the petraeus affair and the political battle over the obama administration's handling of the attack on benghazi. we'll get reaction here from the man leading the charge against the administration and against ambassador susan rice, senator lindsey graham. >>> later, fallout from the campaign after mitt romney's surprising comments this week and the future of the republican party. our roundtable weighs in on that. tom friedman and andrea mitchell will rejoin the conversation. plus, republican congressman raul labrador, former white house chief of staff for bill clinton john podesta, and gop strategist mike murphy, ahead here on "meet the press." >>> "meet the press" is brought to you by chevron. we may have more in common than you think. you can learn more at chevron.com.you can learn more you can learn more at chevron.com.you we're sittinge on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ it means cleaner, che
people, guess what, that is not what president obama said. if the cia is back in the line of work of getting taking bad guys and interrogating them, that is probably a bigger scandal right then and there. lou: it is the only departure of the bush policy, that i'm aware of in this administration, isn't that correct? >> they have continued a lot of other things. what makes me very nervous, we have an fbi that reports the attorney general a the justice department investigating another intelligence armed government and another cabinet officer and presumably this has now been done. lou: at this point we all have to say with absolute directness, it is time to be reserved about the use of the word true and very important if the allegations claimed by. we have the top spy proved himself db enough knong he is being surveyed by his own agency in all likelihd other agencies of foreign government, by the bad guys other nations, my gosh, how could anybody be so stupid ato do what he has done? >> i know the man and i'm as stunned and upset as anybody. wh is the takeway from all of this? other c
the group said the ban is too broad and infringing on a 1st amendment right of nudists. if approved. violators will be fined $100 for the first offense >> for the first time in eight months, president obama held a solo news conference. he said priority number one is to grow the economy and create jobs. >> as i have said before, i'm open to compromise and i'm open to new ideas. i have been encouraged to hear republican after republican agree on the need from more revenue from the wealthiest americans as part of our math if we are going to be serious about reducing the deficit. >> the president said he wants to raise taxes on those making more than $250,000 a year. >> >> investors showed little confidence that there will be a come prom in avoiding the fiscal live. >>> facebook shares rallied on a day that wall street thought they would plummet. -- >> you have a chance to attend president obama's inauguration in in 2013. online requests for an inauguration ticket scheduled january 21st, you can request two tickets, but only online on the congressional members website. a random lottery
. we do want to know your thoughts. now, the president, of course, came right out and defended secretary -- ambassador rice. can we hear that first clip, dan. >> obama: let me say specifically about susan rice, she has do not exemplary work. she has represented the united states and our interests in the united nations with skill and professionalism and toughness and grace. >> john: well-spoken. he came out a few minutes later and this, i guess would probably be the clip of the day yesterday where we saw the guy we voted for in 2008. >> obama: if senator mccain and senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador? who had nothing to do with benghazi? and was simply making a presentation based on intelligence that she had received? and besmirch her reputation? it is outrageous. >> john: dan, it seems pretty open and shut to me. what's your take? >> absolutely. >> john: i don't know how
on the right have short memories. that shocked democrats and got their ground operation up and running sooner than they would have otherwise. >> barack obama started building his cam paint day after he got elected. the republican party has an infrastructure problem. i assume they probably figured that out and will work on that over the next four years because that in the end of the day i think is why yes they had a problem with their message, yes, they picked a candidate who was sort of particularly ill suited for the times, but at the same time i think a lot of this has to do with the fact that obama knew where his voters were, who they were, and bombarded them and turned them out. bill: stayed in contact with them for four years and went through them to find other potential voters who weren't there in situate. in the even it's pretty simple. michigan beat iowa 42-17. >> i had a feeling they didn't score many points if he was joking about the offensive coordinator. bill: send me a tweet at bill hemmer because you asked. martha: the fiscal cliff is looming. nancy pelosi drawing a fine the san
, wisdom and colonel for president obama that he will do what is right in your eyes for your people. i close by asking, god, please, god, please, god, please, continue to bless america, and i yield back. the speaker pro tempore: the chair recognizes the gentleman from puerto rico, mr. pierluisi. mr. pierluisi: mr. speaker, puerto rico recently held -- i want to convey to the american public, describe their significance and outline the next steps i will take. as background, puerto rico has been a u.s. territory since 1898. the island is home to 3.7 million american citizens who cannot vote for president, are not represented in the senate, and elect a nonvoting member to the house. federal law is supreme in puerto rico but its residents are treated unequally under many federal programs. voters were first asked whether they want puerto rico to remain a territory. over 1.7 million people answered. which is about 75% of registered voters on the island. 54% said they did not want the current status to continue while 46% said they did. voters were then asked to express their preference among
presidential candidate mitt romney, revealing how he feels about the obama voters and the obama victory. he was talking to his big donors today and abc's david muir is here with what he said. and david, you learned he was saying this right after the defeat. >> reporter: yeah, this argument began, diane, in the hours of after the loss. he started offering reasons for his loss, the very next morning, arguing america is becoming an entitled society. but today, in a recorded call to donors, he said, giving away free tough is a hard thing to compete with. mitt romney leaving his hotel the day after the election, next to the convention center where he'd hoped to deliver the one speech he'd written, his victory speech. but now, in the week since the election, abc news has learned mitt romney has been explaining his loss to his closest advisers and his top donors. and it started at a breakfast the very next morning. now today, perhaps his most eye-opening explanations yet, during a conference call with a large group of donors. romney arguing that president obama won in part because of gifts the oba
on that coming up. even when they say it's not, it is always about money. melissa: all right. first the day's market headlines. a bad day for stocks just keeps getting worse. a news conference by president obama only amplified fears about the fiscal cliff and down to a 4-month low down 185 points. banks of america led the slide, closing down more than 3 1/2%. one bright spot, cisco shares surged 5% on an earnings beat. >>> now to our top story, president obama may be a betting man because he is trying to double down on how much tax revenue will be raised as part of the fiscal cliff deal. after meeting with business leaders today and union leaders yesterday, the report president is reportedly taking a hard-line with the gop, pushing for a $1.6 trillion tax hike on corporations and the wealthy over the next 10 years. here it comes. joining me is union leader. thanks so much for joining us. you're the national, sorry, the president of the national education association. you attended the president's meeting with labor leaders at the white house. thanks for joining us. what was the tone of that
, the seeking of a diplomatic outcome, which i think they should do, if that fails, i think that the obama administration and president obama is going to have a decision very much like the one president bush had in 2002. right now we need to step back and think creatively. are there other scenarios that we can work that can get a good result in iran? without leaving the president of the united states where he only has two choices? go to war, or accept a nuclear- powered iran. neither of those is attractive. now is the time to think of it -- think creatively about an acceptable outcome in iran and avoid the halcyon choice. >> are you concerned about is real? >> interesting, israel has a lot at stake, but they are also an independent decision maker. they have their own interest in this and have made it clear that they are not prepared to except without some of the military action iran with a clear path to a nuclear weapon. one scenario would be for the illustration to try to engage with the iranians diplomatically. with the other countries involved in the so called p five. offering a robust
of president obama, the combination of spending cuts and tax increases and new revenue right? which has got to be the solution. >> absolutely. i think what we have to be careful of is that these cuts are proper cuts that they don't create havoc in the lives of the most vulnerable and low income individuals. >> bill: that's what i wanted to ask you about. do we know where these cuts would hit and who would be hardest hit by them? >> well, of course, across-the-board cuts, sequestration takes place, which of course, i could not support we're going to see this 8% to 10% cut across the board. so you're going to see children's programs cut. you're going to see other cuts, some terrible, terrible cuts take place. that people really cannot tolerate. of course, we need to -- and i still say we need to make sure defense cuts are on the table because we're look at a defense budget that's full of waste fraud and abuse. and that's full of billions of dollars that are there for cold war era weapons systems research that doesn't ma
are both in red right now. the dow is down by 15 points, nasdaq flat coming off earlier highs. >>> president obama says the u.s. is not going to fall off of the "fiscal cliff." during a press conference the president says he is willing to work with republicans to keep automatic spending cuts and tax hikes from taking effect at the end of the year. the president wants to maintain current tax rates for people make under $250,000 a year. but he says the wealthy will have to pay more taxes which has been a sticking point for some republicans. >>> the maker of blackberry is getting ready to release a new smartphone. research in motion sails the blackberry 10 will hit the market at the end of january. the company delayed the new phone to make some changes. guys, looks like i might be getting an upgrade on my blackberry. >> about time. >> aren't you happy about that? >> i am! going to be cool. >> and apparently, you can use your blackberry and get a cup of tea now at starbucks, too? >> that's right. it's building on its tea business. starbucks spent $620 million to buy teavana of at
of benghazi leads right to the white house. right to the oval office. and president obama has made some statements already that are so contradictory of each other there is no way in the world he could explain the contradiction of his comments. talk about a transparent administration. yeah, they are transparent all right of you can see right through them. and they are as corrupt as any i have seen. i think this is going to lead to impeachment. i don't think that's an overstatement. i think it will lead right to impeach. and i think he will be convicted of it. host: it's almost laughable to see is senator mccain comment about susan rice's qualifications after picking sara palin as his vice president in 2008. new jersey on our independent line. good morning. caller: i'm not happy with senator mccain. senator mccain lost the election. he's still trying to get even for the loss of the election. he's a great supporter of us -- our country attacking iran. how many soldiers and how many people in this country will get killed because of the disaster that would be if we got involved in iran? he s
of justice. >> jennifer: or the biographers that have been written about him. >> right. and that's the funny thing about this issue because while as you mentioned, more voters approved of legalizing pot than voted for obama in colorado, it is still sort of an underthe table under the rug issue so people don't want to step up to it. >> jennifer: since we don't know where he's going to go with it, we can only look at the economic impact where there has been medicinal legalization. has there been an economic impact? has there been plus or minus as a result of states who have legalized it for medicinal use? >> it has been a gigantic impact. marijuana in california is a billion dollar a year industry. and states get tax revenue from this. the city of oakland had banked its entire economic future on it. >> jennifer: what would they get? do you know the numbers? >> it would be many tens of millions a year. if their plans had been allow to the continue but the federal government cracked down on their efforts. >> jennifer:
fox 5 on time traffic. >> all right. thank you very much. in today's top story, president obama has his first full press conference in more than 8 months later this afternoon. and it comes as the president's plate is filling up quickly. >> the president put press conferences on hold during the election but since then we've seen issue after issue crop up. not the least of which is this scandal involving the now former cia director david patraeus and also one of the nation's top generals. >>> the president will have to do something of a juggling act when he scares off. for starters his high profile cia director is gone because of a sex scandal. and john allen is under investigation for e-mails he sent to a patraeus family friend. he got backing from his immediate boss. >> no one should leap to conclusions. general allen is doing an excellent job in leading those forces. he certainly has my continued confidence. >> one prominent conservative is questioning the conduct of the fbi in both cases. >> let me begin with general allen who is smeared by an investigation who got out of control.
the election campaign went mer ily along for the right. he's doubting what -- >> no, that's fantastic. i'm glad he does. i really think that he can't really argue with the efficiency of the amount of television advertising. for example, the obama campaign actually sat there and figured out which persuadable voters to get and what types of ads to run in which markets for efficiently. they can measure that and say i spent my dollars, 14% better than if i had these tracking tools. he can't argue there are twice as many people on the social media between 2008 and 2012. two-thirds of those people on twitter actively asked their friends to take some sort of political action. those facts are indisputable. ultimately you can't ever measure whether your voter or your target and pulled the lever exactly the way you wanted them to. >> it was getting the information in the field volunteers. they were collecting information. >> absolutely. so, you know, i had both the obama and romney apps on my phone. it was amazing the volume of information that i had literally, if i wanted to go and canvas for a democrat
, alex, as mike just said, what president obama said sound a little bit like a green light for israel to do whatever it takes necessary. what's happening right now is with the army here is doing all it takes to prepare for a ground invasion of gaza. but no order has been given. i'm pretty sure they don't want to give the order. the whole point of these strikes has been to stop the palestinian rocket fire into israel. it hasn't really worked. that's why a ground invasion is still an option. today just about an hour ago a rocket was fired here from gaza to tel aviv where i'm standing. there is a warning hamas still does have this capability. it's been a bitter day and ferocious day of fighting especially earlier on. there were 200 rocket -- air force attacks by israel on gaza just in the early hours of the morning. 200. and they targeted targets they have not aimed at before. this time they went into civilian buildings belonging to the hamas government, symbols of power if you like in gaza. they knocked out the prime minister's office there. his office was totally flattened. that was a
" this morning, negotiations happening right now. but will it stop the bloodshed between gaza and israel? anderson cooper live for us this morning in gaza. >> president obama takes a historic trip to myanmar and cambodia. what he has to say and why everyone is not happy the president is even there? >> is the black friday frenzy all just a big scam? how you can stay home this year and still get the best deals. >>> the clock is ticking here on the fiscal cliff. we continue to talk about it. 43 days to go. why there is new optimism there will be a deal reached soon. >> it is monday, november 19th. "starting point" begins right now. >>> good morning, everyone. soledad is off today. we want to welcome in our special team that's joined us here. "new york times" columnist. nan hayworth. ron brownstein, cnn political analyst is here as well. >> welcome to you all. we will be talking here in a moment. we have to begin with the huge story. "starting point," this morning, death and despair mounting in the middle east. the conflict in gaza city, it is intensifying. it's been intensifying overnight.
that will be the play when you move back into equities. we're still neutral right now. cheryl: underneath that umbrella of healthcare, if you will, the insurance companies got a big boost thanks to the president's healthcare law, the obama care, if you will but you think that trade is maybe over. >> you have to separate what gets the pop and then stays versus where do you think there's a longer term play. >> people still get sick i guess is what i'm saying? >> people get sick, but i think there will be enough pressure and uncertainty on the healthcare side despite people getting sick, we don't think that's the best place to have your money right now. we'd be underweight. cheryl: dividend paying high yielding equities, am i missing anything here? >> on the fixed income side what we like there is we like credit over treasuries. we would be in corporates, high yield. and some of the munis. revenue bonds, things like that. cheryl: the treasury market overall is the fact you have europe which has a host of problems, those are never ending so you still have kind of a nice interest in u.s. debt. do you think
obama is going to look at his legacy and looking at markets. he has a terrific opportunity right here and right now to embrace small business, get the markets growing again and really do a lot for his legacy in the long run. rick: simon, americans do seem to want to see a certain level of cooperation between the parties. you know, but this is a president who has not really shown a willingness to reach across the aisle. now in his second term does that change? >> well, i don't agree with the first statement but i think that he has made it clear from his statements of the last few days that he expects to work with john boehner and republicans and mitch mcconnell in the senate to try to, you know, tackle a few big things. i think one of the things my, the other guest said, which is just fallacious and wrong and shouldn't be repeated is that the idea that the raising rates on people over $250,000 is going to hit a majority of small business owners. >> simon, y a small business. you're a policy wonk. >> you keep saying it doesn't make it true. 97% of small business owners will be exempt fr
. >>> there's a marriage in arizona that i think might be heading to divorce court. >> i think you're right, the issue in this love story is the presidential election of all things. holly solomon is under arrest for what happened after she found out president obama won reelection and that her husband did not vote. here's part of the 911 call. >> he got out of the car, and she was screaming at him and he started walking away and she started driving in circles around him. and she wouldn't let him go. he took off to try to get away and she ran into him. >> she is facing assault with a deadly weapon charge. her husband is in the hospital with serious internal injuries. >>> it's 6:19, back to normal starting today at gas stations this new jersey. >> things are starting to lightningen up there. the garden -- lighten up there. it was all put into place because of the shortages because of the big storm but the rationing system will remain in place for parts of new york city for the time being but lines are beginning to shrink as things slowly get back it normal. >>> check it out, a large hole opene
not know. is there any talk about revenue spending, creating job programs. when president obama came into office, the stimulus was part of his agenda. as you look at the financial situation, is there talk of big spending right now? guest: there is talk of job training and infrastructure -- from this increased revenue. is that something congress can agree on? i think that in this climate of austerity, as people are starting to think about the deficit, i do not think we will necessarily see a large-scale stimulus like the one we have before. there is a fascinating statistic and a national journal story that they now spend $7 on programs for senior citizens and elderly people for every $1 it spends on young people. and at $1 goes to everything from education, student loans, job training. so the federal government spending at this point is really skewed towards taking care of the older population of versus helping the younger ones succeed. that'll be a tricky thing moving forward. alternately, to take care of older people you need to of younger people have a good jobs and making good wag
of medicare to extended for another decade and provide benefits immediately for seniors right now. republicans took that same money and gave tax cuts to the rich. that was a message that outside money spent a fortune to misrepresent. that is why the election of barack obama was so very important. to protect medicare -- even though we could not get the majority, we knew when he won that many of the issues, affordable care, medicare, were protected. we had a different view of what happened that day. we saw some of the members that we elective, the intellect we brought in here. it is not about quantity for us so much as the policy of leadership, the quality of our members, the ideas that they had, the talent that they bring, the commitment and dedication to a better future. we may not have the majority, we may not have the gavel, but we have the unity. we have the unity to go fourth, create jobs, build our economy, simple as abc. make it in america, build the infrastructure of america, and tax cuts for the middle-class. tax cuts for the middle-class. we can do that, prevent us from going over the
contraceptives was big with young college-age women and then finally obama-care, that was a big gift to young people and they turned out in large numbers. everything is transactional with this guy. there is absolutely no consideration whether these were the right things to do. the moral thing to do, the path of good policy at least we know he wasn't just pretending to be clueless. he seems lost and even desperate in defeat. but then there is the victor. president obama. he may have won the election but he can't retire his boxing gloves just yet. he took jabs from republicans led by john mccain and lindsay graham. they're up in arms about potential appointment of susan rice to secretary of state because of the fallout of the benghazi attacks. john mccain called those attacks the president's watergate and this morning he said rice mishandle the administration's respond. >> she's not qualified. anyone who goes on national television in defiance of the facts five days later we're all responsible for what we say and what we do. >> jennifer: he just said she's not qualified. not qualified. susan ri
, the biggest issue for the markets right now seems to be the uncertainty surrounding the fiscal cliff. yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say there's strong recognition of the significant of getting a deal for the ben fft t benefit of the american public. >> this is all about trying to make american business more competitive, trying to have a fair balanced approach to tax refo reform. the president was clear he wants a balanced approach and we were clear we are behind him. >> top the president and top member of congress will be meeting. cnbc is urging leaders to rise above partisan rhetoric to try to find a solution and in that spirit, we have
to an eagerness or willingness to engage or become involved militarily in that conflict. >> all right, ben. in jerusalem this morning. thanks. >>> coming up later, soledad will be speaking to israel's deputy foreign minister. that's in our 7:00 hour. >>> here at home, president obama will have the four top leaders of congress over to the white house today to begin talks on avoiding the fiscal cliff, which could plunge the u.s. economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest ameri
and in a telephone conversation with president obama as well this is a fresh concern as the violence continues to escalate. and all out war could break out between israel and hamas. we will be right back as the kron fo4 news continues. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. welcome back to the kron 4 morning several they on wall street. the dow sitting at 12,00570 that is a thousand points lower that it was an early october. bad news out of the year rose on the 17 nation european union sinking back into recession. the third quarter of the year showing that in the euro zone contracted. >> we are waiting of the weekly jobless claims come out they will come out at 5:30 a.m.. we will get an indication for last week how many americans filed for an appointment. the consumer price index will also be coming out. good news on foreclosures. the pace is finally slowing for
but delay it for a year or two. what we need right now is continuation of stimulus. that's what he said when he was standing by obama's side when they extended the bush tax cut. do you agree in the conversation you're having we need to have a grand bargain and need do go in to effect right away. do you agree with in get the grand bargain but delay if for a year or two as some people even in the democratic side of the debate have argued? >> my job is economic policy adviser. i really -- best believing the politic role to someone else. i can tell you as a economist, the right strategy is to get our fiscal house in order. make lasting commitment to show we can do it and do do that. that require additional revenue as well as spending cut and we want to help the economy in the short run. the president proposed fax cuts that would help the economy. the worst kind of stimulus is tax cut for the wealthy. the group that has for the lowest marginal propensity to consume are the wealthy. the congressional budget office last week released a report which concluded that extending the middle class tax cut
's right, wolf. robert bentley says the state will opt out of the state insurance exchange under the affordable health care act commonly called obama care. the governor says alabama will not expand state medicaid programs because the state can't afford it. states have until this friday to announce if they will participate in an exchange program. >>> and democratic congressman jesse jackson junior is out of mayo clinic where he was treated for bipolar depression, despite embroiled in a house ethics investigation for misuse of campaign funds. he won re-election last week, he has been on leave of absence since june. >>> and john mcafee says he is innocent of murder and is on the run from authorities in central america. he is wanted in belize for questioning after his neighbor, a u.s. citizen, was found shot to death last weekend. mcafee left his namesake internet security firm in 1994. >>> and massachusetts police say an er doctor driving drunk and on pills caused this unbelievable crash. it wasn't even 9:00 in the morning when police say the woman behind the wheel hit a delivery tr
right after the house gavels out. >> c-span invites middle and high school students to send a message to the president through a short video. let president obama know what's the most important issue he should consider in 2013 for a chance to win the grand prize of $5,000. c-span's student cam video competition is open to students grades 6-12, and the deadline is january 18, 2013. go online to studentcam.org. >> what i like about c pan's coverage is -- c-span's coverage is it's in depth. often times you'll cover an event from start to finish, and i can get the information that i need. i like to watch "the communicators," i like to watch congressional hearings. the events that you do at the national press club where there are policy leaders speaking, i find those useful. >> howard woolley watches c-span on verizon. c-span, created by america's cable companies in 1979, brought to you as a public service by your television provider. [inaudible conversations] >> new york senator chuck schumer spoke last week about what's called the fiscal cliff and other issues facing congress. this is abo
that's a perfect solution. >> all right. let's stay on it. robert frank back at hq. >> yesterday he attended president obama's labor meeting on the fiscal cliff. today we'll get his scoop when dennis van roekel joins us later on. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free ship
borders. so we are fully supportive of israel's right to defend itself from missiles landing on people's homes. >> firm word from president obama. but president obama knows that any mandate he can claim after reelection is one focusing on domestic concerns. does he have the political capital to more deeply engage the united states in a seemingly never-ending conflict, possibly with no foreseeable end. at the table, rule a gentleman bril, chris hayes, my friend and host of "up with chris hayes" here on msnbc and jane eisner, the editor in chief of the jewish daily forward and mark quarterman, research director at the enough project. thank you all for being here. so this is -- as i was saying earlier this morning, this is going to be a pretty sober conversation. i want to be clear that sometimes the topics we take on, on mhp are my wheelhouse and the things that i sort of have my fundamental point to make. today i feel more like the audience in that i feel overwhelmed by this -- these developments. i feel distressed by them. i feel, chris, like we don't have necessarily even the common v
conversations. total game changer if hillary clinton sort of sticks to it and says i'm not running, right? >> i'm sorry, chris. say that again. >> a total game changer if hillary clinton decides definitely not to run. >> yeah, i think, as i said i think democrats are excited about what president obama has done through this election cycle and excited about the possibilities of solving problems. i don't think they're focused on the campaign in 2016. >> oh, come on, these conversations are not being had? >> all those people you mention, vice president biden was my seat made in the senate, a fabulous leader, wonderful, works wonderfully with the senate. does a tremendous job as vice president. we have a lot of great candidates on the democratic side that are possible, but i don't think they'll want to start talking about it. i think they'll want to start working hard on the problems we see that we can solve and chip says, the people will see what this next four years produces and i think democrats want to make sure that they're working in a bipartisan way to find the solutions and make these next f
pleading guilty to a misdemeanor for hitting his wife. >>still to come president obama is pushing congress to come up with an agreement before the fiscal cliff. >> this is the james area and there's not too much traffic out there. we will be right back. mçó4+y?i >>we are back. it is a 3:00 p.m.a 3:00 p.m.. 8:15 a.m. walns been seen steady rain. we will have a little bit of a break because we will be sitting at between two systems. it will be pretty heavy in the north bay. take a look at storm tracker 4. we have been saying showers consistently running through san francisco. taken a look at satellite and radar the system is pushing up from the south. the neck system will be cooler.xt system will be will still be ddealing with downpours. we will see some sunshine and a little bit of a dry break. it will not last too long because the rain will push back in as 6:00 p.m. it will decrease into overnight our but we still may wake up with light rain tomorrow morning. we are not in the clear yet we do have more showers that are headed our way. it looks like morning showers will be on thanksgiving
as a republican vote against a tax cut? right now, a lot of the advantage in the negotiation, for the first time, is with obama. i think he is smart enough to use it. >> but it is interesting, here is counter intuitive, it may well be over the next four years that the president has trouble with republicans, whether they laid down or not, then some of his own nominal supporters on the left to certainly interpret this election as a mandate not to touch social security, not to touch the entitlement programs. and clearly if there is to be a grand bargain, however you define that, it will entail not only increased revenues, but it will require some very difficult program cuts. and that may turn out to be the most controversial, most difficult, most demanding test the president confronts. >> i think the problem will be people within his own party, but i go back to your point, and that is what is going to hold the republicans up. they have to get beyond grover norquist and somebody has to stand up and say that was fine back then, we have won elections on it, but it will not hold on any more. the countr
gains tax increase. there are a number of things frightening republicans right now, there's a number of things that should truly be frightening democrats. democrats control the white house, they have a larger majority in the senate. there is certainly some onus on president obama, the white house and senate majority leader harry reid to show that the democratic party can govern in a moment of great fiscal crisis. so i think there's a tremendous amount of pressure to go around here. while the conventional wisdom is that the president is in the driver's seat, i think that there's plenty of leverage to be had on capitol hill. jon: and republicans are not likely going to want to give a whole lot on tax increases. >> there's no doubt. and that's why you sort of look for that line in the sand and whether or not it's going to be drawn on capitol hill. it's not too early to think about 2014 for senators who may be up for re-election in 2014 and even for members of the house. it's never too early in washington to think about your next election, so i don't think there's any doubt that members
. martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. questions on all of the big issues. but also on that looming fiscal cliff on january 1st. >> reporter: that's right, george. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill for republicans to swallow. speaker boehner has called raising tax rates on anybody unacceptable.
the new book. >> gretchen: he had his sites set on president obama. he was convicted in a botched bomb plot . darth vader really his dad home from war. >> yeah. it is. daddy. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. >> gretchen: good morning, everyone. it's tuesday, november 13, 2012. i'm gretchen carlson. thanks for sharing your time with us today. we start with a fox news alert. shocking twist. another general under investigation now. this time it's the nation's top commander in afghanistan, general john allen. why was he allegedly sending 30,000 pages of e-mails to the same woman who exposed general petraeus? >> brian: exactly one week after losing a hard fought battle, paul ryan speaking out. >> i'm still a house budget chair, so as i see things, it's part of my job to
environment be easier for us. as a small business owner it's very difficult right now. we don't know where taxes are going, we don't know the situation with healthcare, regulations are increasing every day. say, hey, listen mr. obama, look what happened over the last four years. businesses had to cutback and stop spending. and by doing that a lot of corporations actually inc increased their bottom line. what the government wants to do is bring in more revenue by taxing but keep spending the same amount. at the end of the day nothing changes. they need to give president obama a business 101 course, stop spending and bring in more revenue. >> the budget is actually going to grow even if the sequester were to go into place okay. the budget would grow. the federal government would continue spending even more. we are on a trajectory that is unsustainable here. bill: could you bend that curve with different policy? >> sure, i am ever hopeful that, and you allowed american business to be incensted to do business, brings would tkpwroerbgs it would list government revenues, it would lift this econo
. right now the euro seems to believe they will. >> two-week high here. >> as we have been mentioning throughout the show president obama stepped up his lobbying efforts around a fiscal cliff resolution thing weekend before leaving for asia. making calls to jamie dimon, warren buffett, tim cook, several other notable luminaries in the world of business. we know jumping off the cliff or falling off the cliff would impact u.s. gdp. but how much? who better to ask than steve liesman. give me the answers. how much. >> i'm going give you two answers. i will give thank you broader answer but we are also going to take a look now at something here's not been done before. how the fiscal cliff goes down to a state level and county by county level as well. take a look at the overall numbers. p this is the question david asked. here is the 2013 impact. drilled down here. nondefense spending $40 billion comes off. defense spending, $24 billion. bush taxes, $42 billion for the wrelthy. that takes a drop of $503 billion. we sandt studded can't saw how exactly it spreads out but we can say where fede
to extend it for another decade, to provide benefits immediately, immediately for seniors right now. republicans took that same money and gave tax cuts to the rich, and that was the message that outside money spent a fortune to misrepresent. and that is why the election of barack obama was so very, very important to protect medicare, even the we could not get the majority. we knew what he wants, that many of the issues, affordable care, medicare, et cetera were protected. so we have a different view of what happened that day. you saw some of the members that we elected, the intellect that we brought in here. so it's not about quantity so much for us as the quality of leadership, the quality of our members, the ideas that they have, the talent they bring, that commitment and dedication to a better future. we are a solidly -- we may not have the majority and we may not have the gavel, but we have the unity, and we have unity to go forward to create jobs, to build our economy, simple as abc. american-made, make it in america. b., build the infrastructure of america. right? and c, tax c
what happened. i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly clarified. there is absolutely -- it's inconceivable to me for anybody to speculate there would be a deliberate misleading of the american people. why would there be? it's perfectly inconsequential al. there was a spontaneous demonstration and the terrorist groups organize niced to take tunistic advantage of it or not. in any case, there is no advantage to mislead the american people in that regard. i mean you have to have motivati
of the onion our. as the one we need. just a little schedule not. let's bring her out right now. first things first. i don't know if you heard. they finished counting the votes. and according to the official final florida total, barack obama did when the state of florida barely edging out al gore. another problem for our state. florida, you can spell it without the. and honestly, if you go to that date county election bureau official website it says election ready. it does. almost impossible this could happen. twelve years ago. everyone remembers 2000. they could not figure out which will. people of florida, if you are behind -- year in a left turn lane with and marijuana pointing left and behind a car, usually is to people in the 1998 buick. a light changes, there's a green arrow pointing left. with the flock. usually have to wait a couple of cycles. what i want to do is to make it more friendly for florida voters. instead of using words, pictures. you would go by poking under candid it's eyeballs. follow what happened, the poke up their own eyeballs. the ballot was really, really long. long
it for another decade, to provide benefits immediately. immediately. for seniors right now. republicans took that same money and gave tax cuts to the rich. and that was the message that outside money spent to misrepresent. and that is why the election of barack obama was so very, very important, to protect medicare. even though we could not get the majority, we knew when he won that many of the issues -- affordable care, medicare, etc., were protected. so we have a different view of what happened that day. you saw some of you of the members that we elected, the intellect that we brought in here. it's not so much quantity as the quality of leadership, the quality of our members, the ideas that they have, the talent they bring, the commitment and dedication to a better future. we are solidly -- we may not have the majority and we may not have the gavel, but we have the unity and we have the unity to go forward to create jobs, to build our economy. simple as abc. american made, as steny would say, make it in america. build the infrastructure of america. right? and see tax cuts for the middle cl
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